The OECD and India have been cooperating since 1995 and became an official observer in 2008. But in June the two signed an agreement to broaden tax cooperation over the next three years. Many see this as the final stage before becoming a full member. Jack Grocott looks at India’s tax system to see why it is not ready to take the next step and join the OECD.
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The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals
Jean-Michel Henry and Mona El-Begawi of Deloitte Luxembourg examine the complexities created by timing differences in Luxembourg, EU, and OECD tax regimes